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Smaller acquisitions in 2022 turned into a deluge in the 1st half of 2023 and uncertainty looking forward

Fuel centers, travel centers, c-stores maintaining normal operations

Smaller acquisitions than in the past but lots of them

Mountain Express convenience store chain overview

Cinnabon, Moe’s Southwest Grill, Schlotzsky’s enter c-stores as company expands into nontraditional locations

Dozens of c-store transactions that shook up the industry

A pandemic year of deal making, including the biggest retail transaction in industry history

Intends to double the reach of 50-store retail brand

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